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By Marlene Y. Satter, AdvisorOne |
May 24, 2012
Although a Wednesday E.U. summit meeting ended with Greece being urged by leaders to remain in the joint currency bloc, Germany did not back down on its stance that Athens must adhere to austerity measures already agreed to.
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By Marlene Y. Satter, AdvisorOne |
May 23, 2012
Germany’s Bundesbank warned Greece on Wednesday that if it failed to carry through with reforms it had previously agreed to, it would jeopardize any further aid funds.
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By Marlene Y. Satter, AdvisorOne |
May 22, 2012
According to the OECD, the euro zone debt crisis threatens not just Europe, but the world economy itself.
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By James J. Green, AdvisorOne |
May 22, 2012
What seems clear, even in the midst of what appears to be a crisis without end in the eurozone, is that Draghi’s leadership at the ECB has averted a much more serious disaster on the Continent.
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By Marlene Y. Satter, AdvisorOne |
May 21, 2012
Greece should remain in the eurozone despite its financial woes, according to a communique issued by the G8 gathering at Camp David during the weekend.
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By Marlene Y. Satter, AdvisorOne |
May 18, 2012
Moody’s cut the ratings of 16 Spanish banks, taking Banco Santander and Banco Bilbao Vizcaya Argentaria down three notches each. Fitch, meanwhile, dropped Greece into its lowest level in junk territory.
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By Ben Warwick, Aspen Partners |
May 17, 2012
If Greece does not meet its obligations, many here feel that Germany will force it out of the euro. What's an advisor to do?
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By Marlene Y. Satter, AdvisorOne |
May 16, 2012
The newly elected French president, Francois Hollande, met with Chancellor Angela Merkel of Germany to discuss the possibility of growth measures as they sought a way out of the Greek debt debacle.
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By Marlene Y. Satter, AdvisorOne |
May 15, 2012
Greece will hold new elections after the three major parties and President Karolos Papoulias failed to form a governing coalition that could agree on how to handle the country's debt burden.
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By Marlene Y. Satter, AdvisorOne |
May 10, 2012
Four days after Greek elections that left five anti-bailout parties seated in Parliament, a ruling coalition still has not emerged.
